📈 $BTC ETFs Record $588M in June’s Biggest Inflows – 11-Day Streak Fueled by Ceasefire Optimism

$BTC investment products are seeing a strong resurgence in investor confidence, with U.S. Bitcoin ETFs marking their largest single-day inflow for June—a massive $588 million—extending their inflow streak to 11 consecutive days.

Here’s what you need to know:

🔹 Ceasefire-Driven Sentiment:

The market rally is partially attributed to geopolitical ceasefire optimism, which has restored investor risk appetite.

🔹 BlackRock Leads the Pack:

BlackRock’s iShares Bitcoin Trust (IBIT) absorbed over $350M in a single day, showing institutional conviction.

🔹 Strong Institutional Demand:

The consistent inflows reflect renewed institutional interest, possibly in anticipation of favorable Q3 trends and Bitcoin ETF adoption.

🔹 ETF Streak Hits 11 Days:

This marks the longest continuous inflow period since March, indicating a structural shift in market confidence.

🔹 Bitcoin Price Reaction:

BTC climbed steadily above key resistance levels, supported by ETF momentum and broader macro stability.

🔹 Total June Inflows:

Bitcoin ETFs have now pulled in over $1.5 billion this month alone, reversing May’s outflow trend.

🧠 Insight:

As global tensions ease and macro signals stabilize, Bitcoin ETFs are reasserting their place as core instruments for regulated crypto exposure.

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